Tribune News Network
doha
Qatar Chamber (QC) and the Swedish Trade & Invest Council (Business Sweden) signed a memorandum of understanding (MoU) in Stockholm to enhance cooperation, trade, and investment opportunities between Qatar and Sweden.
The MoU was signed by QC Chairman Sheikh Khalifa bin Jassim Al Thani and Maha Bouzeid, vice president and head of region Sweden and MEA (Middle East and Africa) at Business Sweden.
The signing ceremony was attended by Minister of Commerce and Industry HE Sheikh Mohamed bin Hamad bin Qassem Al Thani and Swedish Minister for International Development Cooperation and Foreign Trade Johan Forssell.
QC Acting General Manager Ali Saeed Bu Sherbak Al Mansouri was also present on the occasion.
The MoU aims to facilitate investment opportunities and strengthen economic ties between Qatar and Sweden. It will help Qatari companies explore new markets and invest in Sweden while supporting Swedish companies seeking to expand their investments in Qatar. The agreement underscores both nations’ commitment to boosting bilateral trade relations and fostering stronger economic cooperation.
The QC chairman emphasised that the agreement represents a significant step toward enhancing the business environment between the two countries. He noted that the MoU would pave the way for increased collaboration across various sectors, including technology, green energy, healthcare, and infrastructure.
Maha Bouzeid expressed her optimism about the partnership, highlighting Sweden’s interest in attracting Qatari investments and providing Swedish businesses with greater access to the Qatari market. She stressed that the agreement would create a platform for joint initiatives that would benefit businesses in both countries.
The MoU also aims to promote knowledge exchange, encourage joint ventures, and explore new avenues of cooperation in trade, investment, and economic fields. This partnership is expected to enhance trade relations, foster innovation, and support sustainable economic growth in Qatar and Sweden, further cementing their position as key players in their respective regions.
